The fixed investment in research and development in the US is projected to grow steadily from 2024 to 2028, starting at 1.083 trillion USD PPP in 2024 and reaching up to 1.3995 trillion USD PPP in 2028. This represents a Compound Annual Growth Rate (CAGR) of approximately 6.54%. The upward trend, continuing from historical data pre-2024, highlights the increasing emphasis on innovation and technological advancement. In 2023, fixed investment stood around 1 trillion USD PPP, indicating robust growth into 2024 and beyond.
Future trends to watch for include the influence of emerging technologies, policy changes, and global economic shifts on investment levels. Additionally, increased collaboration between public and private sectors could further drive R&D growth and expand its impact across various industries.
